Active Listing  ·  207 days on market

17709 Absinthe Dr

Austin, TX 78738
$869,900
4 Bed 3 Bath 3,115 sqft $279/sqft Built 2025 0.18 acres 3-Car Garage Pool New Construction Provence - 60'

MLS# 8389921 - Built by Drees Custom Homes - Ready Now! ~ New 4-Bedroom home in Austin, TX! The Bristol is a gorgeous plan that uses every square foot of space as if it were important. The large foyer welcomes you into the spacious family room and beautiful gourmet kitchen, which are separated by a large kitchen island. The luxurious primary suite will give you all the privacy you desire, while the spa-like bathroom will melt your troubles away! Upstairs, you will find an ample game room and media space along with two additional bedrooms making it the perfect place for a teen retreat, or for guests to relax in their own private space. Visit Provence today to discover this amazing home!

At $279/sqft, this home is 29% below the Austin active market average of $391/sqft, potentially representing value relative to comparable properties currently on the market. View Austin market report →

Location

17709 Absinthe Dr, Austin, TX 78738

Property Details

Price $869,900
Status Active Listing
Beds 4
Full Baths 3
Half Baths ,
Living Area 3,115 sqft
Lot Size 0.18 acres (7,840.8 sqft)
Year Built 2025
Garage 3 spaces
Stories ,
Type Residential · Single Family Residence
Subdivision Provence - 60'
County Travis
Zip Code 78738
$/sqft $279/sqft
Days on Market ,
HOA $999/Annually
Annual Tax Est. ,
Pool Yes
Waterfront ,
New Construction Yes
MLS # ACT204414511
List Date January 9, 2026
Elementary School Bee Cave
Middle School Bee Cave Middle School
High School Lake Travis
School District ,

Luke Allen (TREC #788149) has deep knowledge of Austin and surrounding markets. Whether you're buying, selling, or just researching comparable sales, reach out for a no-pressure conversation.

Schedule a Call →

Similar Homes on the Market in Austin

Comparable Listings Right Now

Homes currently for sale in Austin with similar bedroom count, size, and price range, giving you real-time context for how this property's asking price compares to the active market.

AddressList Price$/sqftBeds/BathsSqftDOMListed
3429 John Simpson Trl
Steiner Ranch Ph 01 Sec 03
$869,900 $283 4 bd / 4 ba 3,073 sqft , 2026-07-28
100 Empire Ct
Belterra Ph 2 Sec 5B
$870,000 $233 5 bd / 4 ba 3,726 sqft , 2026-07-23
330 Cistern Way
Parten Ranch Ph 1
$869,000 $240 4 bd / 3 ba 3,614 sqft , 2026-03-18
4412 Authentic Dr #206
The Grove
$869,000 $399 4 bd / 4 ba 2,178 sqft , 2026-06-24
111 Serene Hilltop Cir
Lakeway Highlands Ph 1 Sec 5
$869,000 $249 4 bd / 4 ba 3,483 sqft , 2026-06-29

Source: ACTRIS MLS, live listings. Similar by ±1 bed, ±35% price, ±35% sqft. Contact Luke for a formal comparative market analysis.

Investment Analysis

Rental Income Potential

The numbers below use conservative Austin-market assumptions. They are estimates, not a guarantee. Actual rents vary by condition, timing, and management. Read our full Austin rental property guide →

Est. Monthly Rent
$4,176/mo
0.48% rule · conservative Austin est.
Gross Yield
5.76%
Annual rent ÷ purchase price
Cap Rate (est.)
3.46%
NOI after 40% vacancy + expenses
Down Payment
$173,980
20% conventional investment loan

Monthly Cash Flow Breakdown (20% down · 7.25% rate)

Estimated Gross Rent+$4,176
Principal + Interest−$4,747
Property Tax (~2.1% TX avg)−$1,522
Insurance (~0.5%)−$362
Est. Monthly Cash Flow $-2,455

At current rates and prices, many Austin luxury properties run neutral or slightly negative on pure cash flow, appreciation and equity paydown are the primary return drivers. BRRRR and off-market acquisitions can improve day-one cash flow. Learn about the BRRRR method in Austin →

Commute & Employment

Major Employers Near Austin, TX

Austin sits within commuting range of Austin's major tech, manufacturing, and corporate campuses. Approximate drive times from this area:

Tesla Gigafactory 15-25 min E
Apple Campus (Domain) 20-30 min N
Google / Meta / Indeed 10-15 min downtown
Dell Medical School / UT Austin 10-20 min
Samsung Austin Semiconductor 25 min N

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